Viavi revenue beats Q4 estimates as it diversified into data-center, aerospace, defense
VIAV•Q1 outlook calls for continued growth
Viavi expects first-quarter fiscal 2027 net revenue between $450 million and $460 million.
The company sees first-quarter fiscal 2027 non-GAAP EPS between $0.40 and $0.42.
Viavi said it expects continued growth from its datacenter and aerospace and defense diversification strategy.
Segment performance and analyst context
- Network and Service Enablement segment revenue rose 69.2% year over year in the fourth quarter, making it the main contributor to overall revenue growth.
- Optical Security and Performance Products segment revenue increased 9.6% year over year in the fourth quarter, contributing to overall growth.
The current average analyst rating on the shares is buy, with 8 strong buy or buy ratings, 1 hold rating and no sell or strong sell ratings.
Wall Street's median 12-month price target for Viavi Solutions Inc. is $65.00, about 61.2% above its Aug. 4 closing price of $40.32.
